Detective Comics #27 CGC 9.2 4 4

[rob_react]

Could some one fill me in on this MISSING!? Copy?

 

The Mastronet Detective 27 CGC 8.0 is... reported to be missing. It sold for, 273k I think, at the Mastro auction 12+ years ago and has since gone missing. That's the story at least from a guy who I talked to who had a deal in place to buy it until the seller said he couldn't find the book.

 

So, I list it as "reported missing."

 

 

[Heronext]

I don't buy into the "Tec #27 will NEVER pass Action #1" mantra.

 

There was a time when people couldn't imagine Batman topping Superman in popularity and now, we're heading into a third consecutive decade of Batman's dominance. I'm only 25 and I come from a generation that has adored Batman, while many are either indifferent towards Superman, or worse, don't even like the character.

 

Right now older generations, the ones who grew up many decades ago when Superman was held in much higher esteem, are the ones with the greatest spending power. Comic collecting is highly nostalgic-based, and it's no surprise to see collectors of those generations having very fond memories of Superman.

 

Eventually, my generation will get older, come into greater spending power and they'll have to make a decision between two books that are already similar in value. To assume, often based on little more than the "that's how it's always been" and "the significance of being the first superhero" factors, that Action #1 will always remain number one is a bit short-sided IMO.

 

Comparing one book's 9.0 to another's 9.2 will depend on a number of factors: eye appeal, PQ, state of preservation, venue of sale, other existing copies in similar or superior condition, timing, etc.

 

But in the long run, from a simple Action #1 vs. Tec #27 standpoint, we may eventually see Tec #27 as the top book in our hobby.

 

Higher grade T27 may = a higher price. But grades being equal, T27 will not surpass A1, ever, in my book. This was decided decades ago. (thumbs u

 

I believe it's been stated before - for a time Detective 27 was worth more than Action 1 according to Overstreet.

 

I've been around long enough to *think* I remember this but don't have the guides handy to give years on that.

[sfcityduck]

Your memory is right. It was in the 80s.

[rob_react]

Michael Keaton Batmania era.

[peewee22]

But grades being equal, T27 will not surpass A1, ever, in my book.

 

Except for four years ago.

 

Consistently we know who is number 1.

 

I agree that Action #1 has been the top book in the hobby, but you keep saying ever and right here you're saying "grades being equal" I'm just pointing out that the biggest week in the hobby's history saw a Detective 27 outsell an Action #1 in the same grade. That's just one exception to what you're saying, but it's one we really shouldn't ignore.

 

Let's get back to the thread. We'll never solve this.

[rabidwolf]

Michael Keaton Batmania era.

 

I remember when the Batman movie came out tec 27 had a higher price tag listed in Overstreet for the first time.

 

I really think the tec 27 9.2 will crush the action 1 price. Even if Batman is the second most popular superhero tc 27 is the "hipper" book, this tec 27 is a higher grade, and tec 27s have come up on the market much less frequently.

Edited September 1, 2014 by rabidwolf

[Chicago Boy]

a little too coincidental that this shows up post the 3.2M sale. I think it's been decided it's going to auction and that's why it was cgc graded. my question is where will it be auctioned

[eman13]

But grades being equal, T27 will not surpass A1, ever, in my book.

 

Except for four years ago.

 

Consistently we know who is number 1.

 

I agree that Action #1 has been the top book in the hobby, but you keep saying ever and right here you're saying "grades being equal" I'm just pointing out that the biggest week in the hobby's history saw a Detective 27 outsell an Action #1 in the same grade. That's just one exception to what you're saying, but it's one we really shouldn't ignore.

 

Let's get back to the thread. We'll never solve this.

+1 it is a self resolving dilemma, and now there is a survey for spectating.

I really want pics, and have hopes that it is scanned! I felt special when we got to see the action 1 WP, can you imagine a tec27?

[peewee22]

But grades being equal, T27 will not surpass A1, ever, in my book.

 

Except for four years ago.

 

Consistently we know who is number 1.

 

I agree that Action #1 has been the top book in the hobby, but you keep saying ever and right here you're saying "grades being equal" I'm just pointing out that the biggest week in the hobby's history saw a Detective 27 outsell an Action #1 in the same grade. That's just one exception to what you're saying, but it's one we really shouldn't ignore.

 

Let's get back to the thread. We'll never solve this.

+1 it is a self resolving dilemma, and now there is a survey for spectating.

I really want pics, and have hopes that it is scanned! I felt special when we got to see the action 1 WP, can you imagine a tec27?

 

It'll be one sweet book.

[Crowzilla]

There is only one logical explanation for this, someone has created a time machine, traveled back in time, purchased the Detective 27, and returned to our time.

 

If this is the "Windy City" copy I had a chance to buy this and wanted to but didn't simply because work got in the way and communication with the seller was a little off-putting (I was hearing about it from him as well as from several other people who were telling me of a "better" book which I realized later was actually the same book which they were apparently going to buy from the seller and then resell to me. The prices quoted ranged literally, from 43K to 125K. The guy who actually had it quoted me a price toward the lower side and I was interested but then he sold it without telling me (for a price below what I was prepared to pay). When I asked him why he said that he hadn't paid for the book in full and was worried because he was told by others that "nobody wanted it."

 

Can't tell you how many times I have heard that the "word" on this book or that was "nobody wants it" only to hear later that "everybody wants it".

 

 

Why would there be a Windy City copy of Tec 27? That collection contained only #1 issues.

 

But it does sound like a story about the "other" high grade Detective 27. And the fact is that it kind of wasn't paid for twice. Jerry originally purchased the book from Geppi and only gave him a 5K deposit. Shortly after this sale the first Sotheby's copy comes to auction and sells for $55K. Of course now Geppi wants to get paid for his much nicer copy (and why shouldn't he?)

 

Jerry initially didn't have all the money to complete the purchase, so I agreed to buy half of the book for 20K which he could give to Geppi and finish paying for the book. Only Jerry never gives Geppi the money. So now I own half a book that is unpaid for and the original owner is getting upset and I think telling other dealers/collectors not to buy it from us as it's not paid for. I tell Geppi I can't pay him for what's owed on the book when I've already given Jerry 20K, and tell Jerry he needs to get this settled immediately and get Geppi and I both paid. He sells the book for an incredible discount to Oklahoma Dave, pays Geppi and I off and Oklahoma Dave turns around and flips the 27 back to Geppi for $81K and sets a new record price for a book at the same time.

 

A pretty sour experience all around.

[MrBedrock]

Could some one fill me in on this MISSING!? Copy?

 

The Mastronet Detective 27 CGC 8.0 is... reported to be missing. It sold for, 273k I think, at the Mastro auction 12+ years ago and has since gone missing. That's the story at least from a guy who I talked to who had a deal in place to buy it until the seller said he couldn't find the book.

 

So, I list it as "reported missing."

 

Fueling the conversation along...what if the 9.2 is the missing Mastronet copy?

[eman13]

There is only one logical explanation for this, someone has created a time machine, traveled back in time, purchased the Detective 27, and returned to our time.

 

If this is the "Windy City" copy I had a chance to buy this and wanted to but didn't simply because work got in the way and communication with the seller was a little off-putting (I was hearing about it from him as well as from several other people who were telling me of a "better" book which I realized later was actually the same book which they were apparently going to buy from the seller and then resell to me. The prices quoted ranged literally, from 43K to 125K. The guy who actually had it quoted me a price toward the lower side and I was interested but then he sold it without telling me (for a price below what I was prepared to pay). When I asked him why he said that he hadn't paid for the book in full and was worried because he was told by others that "nobody wanted it."

 

Can't tell you how many times I have heard that the "word" on this book or that was "nobody wants it" only to hear later that "everybody wants it".

 

 

Why would there be a Windy City copy of Tec 27? That collection contained only #1 issues.

 

But it does sound like a story about the "other" high grade Detective 27. And the fact is that it kind of wasn't paid for twice. Jerry originally purchased the book from Geppi and only gave him a 5K deposit. Shortly after this sale the first Sotheby's copy comes to auction and sells for $55K. Of course now Geppi wants to get paid for his much nicer copy (and why shouldn't he?)

 

Jerry initially didn't have all the money to complete the purchase, so I agreed to buy half of the book for 20K which he could give to Geppi and finish paying for the book. Only Jerry never gives Geppi the money. So now I own half a book that is unpaid for and the original owner is getting upset and I think telling other dealers/collectors not to buy it from us as it's not paid for. I tell Geppi I can't pay him for what's owed on the book when I've already given Jerry 20K, and tell Jerry he needs to get this settled immediately and get Geppi and I both paid. He sells the book for an incredible discount to Oklahoma Dave, pays Geppi and I off and Oklahoma Dave turns around and flips the 27 back to Geppi for $81K and sets a new record price for a book at the same time.

 

A pretty sour experience all around.

wow. That sounds awful, what a terrible experience.....

[rob_react]

Could some one fill me in on this MISSING!? Copy?

 

The Mastronet Detective 27 CGC 8.0 is... reported to be missing. It sold for, 273k I think, at the Mastro auction 12+ years ago and has since gone missing. That's the story at least from a guy who I talked to who had a deal in place to buy it until the seller said he couldn't find the book.

 

So, I list it as "reported missing."

 

Fueling the conversation along...what if the 9.2 is the missing Mastronet copy?

 

That'd be a pretty big bump. Let me dig up my scan...

[nearmint]

a little too coincidental that this shows up post the 3.2M sale. I think it's been decided it's going to auction and that's why it was cgc graded. my question is where will it be auctioned

 

Or you could be 100% wrong.

[sfcityduck]

a little too coincidental that this shows up post the 3.2M sale. I think it's been decided it's going to auction and that's why it was cgc graded. my question is where will it be auctioned

 

Why would anyone pay to get a book graded if they did not want to sell it? It's throwing money away (something Verzyl and DA haven't done) and it steals the thunder of a big splash when you eventually do want to sell it.

 

You'd think that Metro would want its record sell price back ... but it does have the record purchase price, so I wouldn't think they'd be rushing a book to market. I could see a seller going with eBay now that Adams has shown the path.

 

 

[Crowzilla]

 

I believe it's been stated before - for a time Detective 27 was worth more than Action 1 according to Overstreet.

 

 

it's also been pretty well established that you can't really rely on Overstreet value for what a book is actually selling for.

[rob_react]

 

And here's some more info about the missing book.

[Wayne-Tec]

Why would anyone pay to get a book graded if they did not want to sell it? It's throwing money away (something Verzyl and DA haven't done) and it steals the thunder of a big splash when you eventually do want to sell it.

 

Because the book, in this case worth millions, is safer in a slab than it is in mylar. Because you'd know for sure whether or not there is restoration and because you'd know where your copy stands grade-wise.

[sagii]

I don't buy into the "Tec #27 will NEVER pass Action #1" mantra.

 

There was a time when people couldn't imagine Batman topping Superman in popularity and now, we're heading into a third consecutive decade of Batman's dominance. I'm only 25 and I come from a generation that has adored Batman, while many are either indifferent towards Superman, or worse, don't even like the character.

 

Right now older generations, the ones who grew up many decades ago when Superman was held in much higher esteem, are the ones with the greatest spending power. Comic collecting is highly nostalgic-based, and it's no surprise to see collectors of those generations having very fond memories of Superman.

 

Eventually, my generation will get older, come into greater spending power and they'll have to make a decision between two books that are already similar in value. To assume, often based on little more than the "that's how it's always been" and "the significance of being the first superhero" factors, that Action #1 will always remain number one is a bit short-sided IMO.

 

Comparing one book's 9.0 to another's 9.2 will depend on a number of factors: eye appeal, PQ, state of preservation, venue of sale, other existing copies in similar or superior condition, timing, etc.

 

But in the long run, from a simple Action #1 vs. Tec #27 standpoint, we may eventually see Tec #27 as the top book in our hobby.

Hoping that this can be a rational friendly debate: I still disagree. Many people argue, The Simpsons because they've been on TV for so many consecutive years will be bigger than Mickey Mouse, even Bugs Bunny eventually because the generation growing up on them will take over and that will be their nostalgia. I don't think that can/will EVER happen. And while a lot of noted film historians do think Bugs is a better defined character over all(+1) than Mickey, i know Mickey will always be the yard stick because he was the first indisputable cartoon super star. Superman holds that distinction in the superhero realm.

In a class with Mickey and Coke he is Americana. As long as informed hobbyist are around, someone will always inform the new blood coming into the hobby(collectors and investors)it started with him. I think DC comics only relented with letting Superman slip so low and not promoting him like they used to for the last 15 years or so, were the court cases when it looked like they would lose or share the character with the creators heirs. I believe if that was not going on they would never had let such a valuable iconic property slip as their flagship character. And that short less new design to his appearance? Blaspheme.

I'll leave you with this my friend( and I mean that) , you say it's mainly because of a generation issue of people who didn't grow up with Superman as the dominate character. Do a little test for me. Look at all the people in the 19 to 30 year old bracket in superhero tee shirts. They can choose from a plethora of characters now marketed to wear because of the movie boom to show their superhero pride. I'll bet my collection, you will see more Superman 'S' shirts than Batman shirts probably 10 to one. They know, it's the universal superhero fan calling card. It stands for superhero universally(symbolically) , and wearing it makes us all feel a little "super". What do you know DC, people still wanna be like Superman!

[Superman2006]

 

And here's some more info about the missing book.

 

Wow. Very nice!